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What is a Tax Summary Report?

A tax summary report is a summary of all taxes that you have incurred on your expenses and received on invoices in your organization. You will be able to view the total value of taxes paid/collected during a period of time.

To view your Tax Summary Report:

  • Go to the Reports module in Zoho Books.
  • Navigate to Taxes and select Tax Summary Report.

The Tax Summary Report will contain the following columns:

TitleDescription
Tax NameThe tax applied to a particular transaction
Tax PercentageThe percentage at which the particular item/service is charged.
Taxable AmountThe amount on which tax was levied on.
Tax AmountThe amount of Tax that was actually charged.

Insight: Apart from the default columns, you can customize and add more columns to your Tax Summary report (For example the column for Sales Tax Amount column). Read more about customization of tax summary table.


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